According to industry publications there are currently over 2 million licensed real estate agents in the United States — Of this 1,359,208 are Realtors.
With over 1.3 million licensed real estate agents as Realtors the primary difference among them is the number of years experience they have and how much they charge in commission. What is often not discussed is how many have been sellng properties at a discount over the years?
How many properties could have been sold for the same or higher price without paying commission?
We answered these questions in 2001 while the real estate industry was still struggling with internet technology, State agency laws, and complicated industry regulation. With over 6 million properties sold each year we estimate $110-$275 Billions could be saved by not locking consumers into a real estate commission. The educated consumer will be able to compare all offers simultaneously whether they are from a Realtor, cash buyer, retail buyer, investor, or instituational buyers like Zillow and OpenDoor. That’s why when you take a moment to visit the U.S. Government’s Library Of Congress Site Copyright.gov and search “scary real estate” in the Copyright registry you’ll quickly learn that the founder of NoDiscount.com had registered to protect a special report titled “We’re taking the SCARY out of real estate” under alternative titles The acronym SCARY in real estate and What are SCARY discounts in real estate?
For the frist time in the real estate industry’s 110 year history NoDiscount® has published a first publication to expose SCARY discounts that have been costing consumers 8-25% everytime they buy or sell real estate. This report is available free of charge when you register for a free test drive of NoDiscount.com and will open your eyes to hidden secrets that have been kept from the public for years. We were proud to be the first in 2001 to have created a selling system to exploit these hidden discounts and helped to return them to a small group of pioneering investors and real estate brokers who took part in testing our business process. Unfortunately, in the era of slow internet without smartphones only a few entrepreneurial minds were able to profit $20,000 – $40,000 – $50,000 – OR MORE.
The idea of not getting locked into a real estate commission before seeing all the offers on a property was unheard of in 2001. Due to a lack of knowledge, inexperience, and revolving door of agents entering and exiting the industry, most real estate agents ( virtually ALL ) have traditionally practiced locking consumers into a commission before even generating the first offer. What they don’t realize is that by lockign consumers into a commission they are doing clients a disservice by limiting the number of possible offers. One common example is when a seller is locked into a 6% commission the same seller will be less likely or unable to assist more buyers with closing cost or include other conveniences to generate multiple offers — This alone could cost sellers tens of thousands of dollars in higher offers. Due to strict industry regulations and real estate companies with laggard business models from the 1970s — the unwary consumer who only bought or sold real estate once or twice in a lifetime was systematically forced to lose tens of thousands of dollars.
On November 19, 2020 everything changed. The U.S. Goverment through the U.S. Department of Justice and Federal Trade Commission helped to accelerate innovation and made possible for NoDiscount.com to debut as a solution to selling properties at a discount. ASK your assigned agent about the SCARY REAL ESTATE report and start putting tens of thousands of dollars back in your pocket — where they belong!